Business - The Hive News

The PNP head desires stricter laws governing online selling.

Gen. Benjamin Acorda Jr., the head of the Philippine National Police, has made a plea to Congress to consider the potential of drafting legislation to address the issue of people utilizing these platforms to convey illegal goods. After witnessing the widespread sale of outlawed firecrackers during the holiday season via

economy

Manufacturers anticipate a stronger PH economy.

According to a manufacturers' trade group, the Philippine economy would improve in the later half of this year, showing a degree of confidence from a sector that is regarded as one of the key foundations of economic progress. The Federation of Philippine businesses (FPI) leader, Jesus Arranza, said on Thursday

Nation

LTFRB is implementing cashless on the bus starting October 1.

Buses are back to use for transportation but the land of transportation franchising and regulatory board (LTFRB) are implementing cashless transactions for the safety of everyone.

Business

Tesco is in need of 16,000 or more people, to work for them for the growing sales since the lockdown started.

To be safe it is better to stay at home. Having this matter, online shops are in demand even stores who are not an online shop are venturing on it as well. Online groceries in Britain are in demand and its sales go up since lockdown started.

BSP

NEW BSP CHIEF TO SUSTAIN ECONOMY WITH CASH

Newly appointed Bangko Sentral ng Pilipinas Chief Benjamin Diokno vowed to ease monetary policy in the country and committed to cut banks’ reserve requirements to “single-digit-levels” within his term of office.

World

US-CHINA TRADE TALKS RESUME—ON THE PHONE

According to POTUS Economic Adviser Larry Kudlow, the US-China trade talks will resume next week in a bid to resolve a year-long trade war.